In addition, no moratoria or changes to the terms of use were introduced that would have had a negative impact on investors’ interests. Compared to other competitors, Viainvest performed as promised in advance.
Viainvest is a regulated P2P platform from Latvia where investors can benefit from a variety of international short-term consumer loans, while earning a return of up to 13%.
As you can see, it’s an “apples and oranges” comparison. However, based on my own Viainvest review, you can still use the platform as a complementary option.
All platform functions are completely free of charge for investors. Unlike other competitors, withdrawing money is also possible without any fees.
I am often asked how certain platforms compare to Mintos and whether they are alternatives. In my opinion, both platforms are not directly comparable. The reasons for this are simple:
We recommend PeerBerry for investors seeking a balanced risk-return profile with strong geographical diversification and reliable protection mechanisms. The upcoming regulatory developments and secondary market launch planned for 2025 should address the few remaining concerns.
For this purpose, you can create a payment template at your bank. That’s how I’ve done it for many other platforms as well. Please note that the first transfer must come from a personal bank account. This account will also be verified for future withdrawals.
Kindly note we intend to onboard new lenders in 2024 to meet investors needs. Given the increased demand at this time, we suggest investors to combine both auto and manual investing for the best results.
Throughout the process of due diligence, investors should also have a look at the business model of a P2P platform as well as the overall financial situation.
The reserves for doubtful loans from the COVID period, which were created for security reasons, have also been reduced. In my opinion, this is a positive sign that fits in with my Viainvest experience and the general direction of the Group. At Viainvest, non-performing loans
Our investment results depend on our own preferences in what we want to invest in. If we target only loans with a limited supply, we must also accept competition on the platform (we are not alone, and we are not first in the queue). If preferred loans are not enough for everyone, AutoInvest can not invest either (AutoInvest as a tool works well, but if there are no loans under the chosen parameters, there is nothing AutoInvest can invest in).
The good thing here is that Viainvest currently applied for an investment broker license, meaning they will have to adhere to very strict rules to ensure the investors funds are protected, which is a very good point here.
Viainvest has recently lost a lot of mintos its reputation due to technical glitches and the switch to IBF-compliant asset-backed securities
Another aspect is Viainvest’s IT. Various situations in the past (such as recent regulation) have shown that extensive IT adjustments usually end up in absolute chaos. As an investor, you need to be patient and weather through these situations.